Currency Exchange Facility for OFWs from select countries

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BSP MEMORANDUM: Currency Exchange Facility for OFWs from select countries

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Title Supreme Court: Currency Exchange Facility for OFWs from select countries

Law: Bsp Memorandum

Decision Date: Mar 19, 2003

The Bangko Sentral ng Pilipinas establishes a Currency Exchange Facility allowing Overseas Filipino Workers returning from Kuwait, Iraq, Israel, and Turkey to convert up to Php 10,000 of foreign currency into pesos within seven days of arrival, with specific documentation requirements and extended banking hours at authorized airports.

currency exchange

overseas workers

bangko sentral

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